AI Cryptos See Big Gains as FET, Virtuals Soar and MIND of Pepe Releases New AI Agent
The AI sectors are thriving amid the market-wide rebound that almost pushed the crypto market cap above $3 trillion on April 23rd, with tokens like Artificial Superintelligence Alliance (FET) and Virtuals Protocol (VIRTUAL) recording impressive gains.
As the hype around AI tokens builds, new project MIND of Pepe (MIND) is preparing to enter the market with a bang, with its AI agent scheduled to launch on May 10th.
New Wave of Intelligent Automation is Capturing Investor Attention as AI Agents Take Center Stage
AI agents have come a long way since their initial boom in 2024, as they have evolved from simple chatbots to AI-powered systems capable of planning and executing complex tasks.
Today, AI agents can be used to streamline workflows, optimize logistics, and even collaborate with other AI agents to unlock new possibilities. Fetch.ai, which recently merged with SingularityNet, Cudos, and Ocean Protocol to establish the Artificial Superintelligence Alliance, is at the forefront of this movement.
Fetch.ais ASI-1 Mini update boosted FETs visibility in early March, helping it outperform most altcoins during the bearish month and attracting new developers to the projects Agentverse. By April 22nd, Agentverse boasted over 1 million AI agents, a number that doubled just 48 hours later.
Benefitting from increased exposure, FET soared by over 35.19% between April 17th and 24th, despite the increased volatility it faced after breaching $0.63.
Technical analyst World of Charts believes FET can make a move to the $1.2 range if it stabilizes above $0.625 over the next few weeks, with the tokens long/short ratio of 2.12 suggesting it has the potential to resist downward pressure.
Virtuals Protocol, a project that is at the forefront of merging AI and blockchain, has also experienced increased adoption. The project has a standout goal to enable users to create, own, and monetize AI agents with minimal coding experience, powered by its plug-and-play framework.
Once created, these agents are tokenized as ERC-20 assets, which can be used for governance and revenue sharing. Since all AI agents are paired with VIRTUAL in locked liquidity pools, the demand for the platforms native token is often high, so its no surprise it soared by 26.46% over the week despite a 16% drop on April 24th.
Crypto expert Satoshi Flipper believes VIRTUALs performance in late April is just the start of its journey to the $5.1 mark this summer, as he believes it has massive upside potential.
The tokens upward movement positioned it above its 50-day Simple Moving Average (SMA) of $0.64, often a bullish signal that suggests further growth potential in the short term.
MIND of Pepe Seeks to Empower Holders With AI Market Analysis and Actionable Calls
MIND of Pepe is ready to enter the AI agent market with a bang, with its developers preparing to release the MIND AI agent on May 10th.
Capable of tapping into real-time data sourced from the blockchain, social media, and other platforms, the MIND AI agent will strive to present its audience with actionable calls and unique AI-powered market insights to give them an edge during bullish and bearish markets.
However, only those holding MIND will have access to its terminal and dashboard, and the exclusive benefit of being informed when the AI agent launches its own tokens.
Those investing in MIND of Pepe during its presale phase stand to benefit the most, as theyll have priority access to the AI agents ecosystem, complete with first-mover advantage that could include access to unique features and alpha calls.
Calling it the best AI agent presale project, experts from Cryptonews believe MIND of Pepe is joining the market at a perfect time, as it could benefit from renewed investor interest in the AI agent space.
The experts urge their audience to enter the presale and secure the benefits reserved for early backers while the per-token price is low. While MINDs per-token price currently stands at $0.0037365, it will only rise as the presale continues, making this the best time to invest.
Text source: TronWeekly
